What is Joy Token?
Trust, reliability and transparency are the key elements required for any online gaming. Unfortunately, conventional online gaming are susceptible to various forms of frauds in which player(s) do not know where his/ her money is going and whether he/ she be able to get the money back in case of winning the game. Moreover, there exists a monopoly of large casinos to possess their own game development houses where games are developed, tested and launched; thereby, restricting the entry of relatively small game developers to their circuit. Moreover, integration of games (developed by small developers) with major gaming partners (owned by reputed Casinos) is also a matter of concern. To address these issues, Joy Gaming Platform is going to provide the opportunity to interesting players to play online games with utmost confidence; where tracking of their money is ensured. (https://joytoken.io/white-paper.html).
Joy Token Platform is being developed on blockchain technology where Game Developers, Software Houses, Casinos and Players are bounded in a closed loop; thanks to flexibility provided by smart contract, to obviate any chances of fraud(s). Players will have absolute confidence on the online gaming principles/ procedures and Game Developers and others will be at ease to receive their due shares after culmination of each game. In this way, Joy Gaming Platform is going to earn the trust of their customers/ players by providing transparency and fairness to the games. Moreover, Joy Gaming platform will ensure market access via own online PlayCosmo casino site; licensed in UK, Curacao and Malta. (https://joytoken.io/), (https://joytoken.io/white-paper.html).
To raise sufficient funds for development of online gaming platform, Joy Token (as an ERC20 token) has been offered to general public. The seed funding was commenced from Jun 17 followed by establishment of Joy Gaming Foundation in Nov 17. The Pre – Initial Coin Offer (Pre – ICO) of Joy Token was started on 1st Dec 17 and will continue till 19th Mar 18. A discount of 50% will be given to customer during Pre – ICO phase. The ICO is planned to commence with effect from 20th Mar 18 and will last on 19th Apr 18. Discounts of 30%, 25%, 20%, 15% and 10% will be given on 20th Mar, 26th Mar, 1st Apr, 7th Apr and 13th Apr, respectively. Overall token structure includes the 20% token sale during Pre – ICO, 30% during ICO; 10% is reserved for reward pool and 23% will be sold on platform. The use of proceeds/ funds will be diverted to Development (30%), Partnership (40%), Operations (15%), Marketing (10%) and remaining 5% for Legal & Security. After successful ICO, audit of token sale will be performed in Apr 18. Whereas, in Jun 18, Joy Gaming Platform will be launched live on PlayCosmo. Afterwards, expansion program and integration with other gaming platform will be undertaken in Aug 18. To learn more on road map and token structure/ value, reader may visit Joy Gaming website. (https://joytoken.io/).
To compete in ever increasing online gaming industry, Joy platform team possesses requisite experience; and technical/ operational knowledge to develop online gaming to the expectations of players.
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Website: https://joytoken.io/
Whitepaper: https://joytoken.io/white-paper.html
Telegram: https://t.me/joytoken
Twitter: https://twitter.com/JoyToken
Facebook: https://www.facebook.com/JoyToken.io/